๐ฆ “Billions Kept at Home: Iraq’s Banking Confidence Crisis” ๐ธ
๐️ Al Furat News – August 23, 2025
๐ Key Highlights:
๐ฐ 80% of Iraqis Keep Cash at Home
Economic expert Nabil Al-Marsoumi reveals that up to 80% of the nation’s liquid money never enters the banking system — it stays in homes and private vaults.
๐ Why? A Crisis of Confidence
Recent failures of 10 banks to return citizens' deposits
Previous incidents created a pattern of mistrust
Citizens fear they may never see their money again
๐ Banking Red Tape Making Things Worse
Banks delay full withdrawals, forcing partial payments
Clients face bureaucratic obstacles
Merchants and contractors avoid depositing due to these hassles
๐ค Call for Urgent Reform
Al-Marsoumi warns that unless banks improve public interaction and simplify procedures, the financial system will remain undermined by distrust
Confirmed on Live TV – Announced Exchange Rate: $6.02! – Take Advantage!๐.
⚠️ Why It Matters for RV Watchers:
✔️ Confidence drives currency strength.
✔️ A weak banking system = barrier to revaluation rollout.
✔️ Iraq must restore trust to integrate more cash into formal systems and support IQD internationalization.
This isn’t just about economics — it’s about public belief in the system.
๐ For Daily RV Intel & Faith-Based Updates
๐ Blog: https://dinarevaluation.blogspot.com/
๐ฒ Telegram: https://t.me/DINAREVALUATION
๐ Facebook: https://www.facebook.com/profile.php?id=100064023274131
๐ฆ Twitter (X): https://x.com/DinaresGurus
▶️ YouTube: https://www.youtube.com/@DINARREVALUATION